JPY
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Declines below 110.00, technical bias stays bearish
The AUD/JPY cross trades in negative territory around 109.70 during the early European session on Monday. The Australian Dolllar (AUD) softens against the Japanese Yen (JPY) as bets of the Reserve Bank of Australia (RBA) raising interest rates in November have fallen sharply after the latest Consumer Price Index (CPI) came in line with expectations. […]
by Currency Hedger
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- 19 hours ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests ascending channel lower boundary near 176.50
EUR/JPY continues its losing streak for the seventh consecutive day, trading around 176.70 during Asian hours on Monday. Technical analysis of the daily chart shows that the currency cross is testing the lower boundary of the descending channel, suggesting the price could either hold support and trigger a temporary bounce toward the channel’s upper limits, […]
by Currency Hedger
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- 19 hours ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Holds Near 158 as BOJ Tightening Expectations Meet Strong Dollar Pressure
The Japanese yen is holding around 157.8 per US dollar, remaining within a relatively narrow trading range as markets assess the outlook for Japanese monetary policy and await a series of economic releases. USD/JPY has traded sideways for approximately two weeks, reflecting a balance between growing expectations that the Bank of Japan could raise interest […]
by Currency Hedger
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- 21 hours ago
EUR, JPY
Euro flattens against the Japanese Yen in countdown to Eurozone HICP data
The Euro (EUR) trades flat against the Japanese Yen (JPY) at around 177.60 during the Asian trading session on Friday, but the pair is close to its fresh over 10-month low of 176.66 posted the previous day. The Japanese currency broadly outperforms on Friday as Tokyo Consumer Price Index (CPI) data for September remains stronger-than-expected, […]
by Currency Hedger
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- 4 days ago
JPY, Market Analysis, Technical Analysis, USD
Yen Steadies After Hot Tokyo Inflation Data
The Japanese yen strengthened slightly below ¥158 per U.S. dollar on Friday, trimming recent losses after data showed Tokyo’s core inflation accelerated to 2.7% in September. The reading exceeded the Bank of Japan’s 2% target for the first time in nine months, strengthening the case for continued monetary-policy normalization. However, the yen’s recovery remained limited […]
by Currency Hedger
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- 4 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests nine-day EMA barrier after rebounding above 179.00
EUR/JPY halts its four-day losing streak, trading around 179.20 during Asian hours on Thursday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel pattern. This continuous formation reinforces a persistent bearish outlook for the pair. The EUR/JPY cross is retaining a bearish near-term bias as it holds […]
by Currency Hedger
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- 5 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Recovers from six-month low, but retains bearish bias below 100-day SMA
The AUD/JPY cross trades in positive territory around 109.95 during the early European session on Thursday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) as a mixed picture of the Japanese economy may soften the chance of a back-to-back rate hike from the Bank of Japan (BoJ) this month. Japanese manufacturers’ confidence hit […]
by Currency Hedger
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- 5 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Slides Through 158 as US Yields, Fed Expectations and Intervention Risk Drive USD/JPY
The Japanese yen has weakened beyond 158 per U.S. dollar, reversing recent gains as renewed U.S. dollar strength and higher Treasury yields put pressure on the currency. The central issue for USD/JPY remains the substantial interest-rate differential between the United States and Japan. Expectations that the Federal Reserve may need to maintain a restrictive policy […]
by Currency Hedger
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- 5 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Slips below 178.00 as bearish bias strengthens
EUR/JPY remains subdued for the fourth successive day, trading around 177.70 during Asian hours on Wednesday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel pattern. This continuous formation reinforces a persistent bearish outlook for the pair. The EUR/JPY cross is holding a bearish near-term bias as […]
by Currency Hedger
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- 6 days ago
JPY, Market Analysis, Technical Analysis, USD
Yen Rebounds as Japan Steps Up Currency Warnings While Rate Gap Limits Gains
The Japanese yen has strengthened through the 157-per-dollar level as Japanese officials increase their warnings over excessive currency weakness and signal closer coordination with the United States. The move puts the yen on course for a monthly advance, although the broader currency trend remains heavily influenced by the gap between U.S. and Japanese interest rates. […]
by Currency Hedger
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- 6 days ago